SCSS Calculator

How the SCSS Calculator works

Senior Citizens Savings Scheme pays a notified rate, typically quarterly, on a lumpsum with a five-year tenure (extendable).

Formula / method. Quarterly payout ≈ P × r / 4. Total interest = payout × 20 for a 5-year term.

When to use it. Use it to compare SCSS with a bank FD or POMIS for income, not for growth. Investment cap is statutory.

How to run a comparison

1. Open SCSS Calculator from Home search, the Finance Studio hub, or this URL.
2. Copy amounts, rates or dates from a document you already have — not a round marketing figure.
3. Read the headline result and any breakdown (schedule, slabs, or intermediate rows).
4. Change one input at a time so you can see what actually moves the answer.
5. Cross-check with a related calculator below, then confirm statutory rates before you act.

Nothing you type is uploaded for server-side processing. Save or screenshot an output if you need it later; we do not keep a server-side history.

Notes and assumptions

Rate is the rate you type. Premature-closure slabs are not auto-applied.

Results are estimates for education and planning only. They are not financial, tax, medical, or legal advice. Slabs, scheme rates and product terms change; verify against official notifications or a qualified professional before acting.

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